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Hang Seng Intraday: key resistance at 16600.
2024-03-22
904
Pivot: 16600
Our preference: short positions below 16600 with targets at 16340 & 16240 in extension.
Alternative scenario: above 16600 look for further upside with 16740 & 16970 as targets.
Comment: as long as 16600 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
16970
16740
16600
16540 Last
16340
16240
16140
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
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